Austria GDP Returns to Growth in Q3
2026-10-30 08:05
By
Kyrie Dichosa
1 min. read
Austria's economy grew 0.2% quarter-on-quarter in Q3 2026, recovering from a 0.1% contraction in Q2, according to preliminary estimates from WIFO.
The recovery was supported by slightly positive contributions from investment and foreign trade.
Private consumption stagnated after falling 0.1% in Q2, while government spending declined 0.2%, matching the previous quarter's contraction.
Gross fixed capital formation increased 0.2%, easing from 0.6% growth in Q2.
Net trade contributed positively, as exports rose 0.3% (vs. 1.5% in Q2), while imports fell 0.2% (vs. a 0.5% increase).
On the production side, industrial activity remained subdued, with value added nearly stagnating, while construction contracted 0.2%.
Trade, transport, accommodation and food services expanded 0.2%, while information, communication, financial, insurance and real estate services grew 0.9%.
On an annual basis, GDP expanded 0.6%, easing from an upwardly revised 0.8% in Q2.